Slick Barry's Campaign Finance Flip-Flop

June 20, 2008 RSS Feed Print
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Sen. Barack Obama's decision to go back on his word and reject federal campaign financing is being hailed by fellow Democrats as a brilliant move. It is anything but.

Sen. Ben Cardin, a Maryland Democrat, said Friday on Washington all-news radio station WTOP that Obama is doing the "right thing" by rejecting federal financing because his campaign has generated small donations from more than 1 million small donors.

This party-line flim-flammery is unprecedented in recent Democratic presidential campaigns. Obama's decision is emblematic of his uncanny ability to renege on promises, brush off transgressions as if they were unimportant, and prevaricate with an ease that inspires marvel.

For example, Obama claims he does not accept contributions from lobbyists. He does, however, accept large donations from high-level corporate executives who are lobbying him on issues associated with the industries in which they work. For example, WTOP political analyst Mark Plotkin pointed out to Cardin that Obama accepted $570,000 in contributions from Goldman Sachs executives. The New York Times reported earlier this year that Obama accepted more than $225,000 in contributions from Exelon executives while watering down an antinuclear bill he had introduced in the Senate. Exelon is the nation's largest provider of nuclear power.

Claiming that Obama does not accept money from lobbyists is a distinction without a difference. A campaign that accepts huge donations from corporate executives while claiming it rejects lobbying money is bending semantics to the breaking point.

Will Obama's slick manipulation of the rules cause his supporters to reconsider? Probably not. The problem is, Sen. John McCain is hardly a viable alternative for voters seeking an honest, reliable, credible presidential candidate. McCain's past ethical transgressions are well known and will continue to haunt him until November. The 2008 campaign will go down in history as the campaign of "no choice" for voters seeking a moderate president who delivers on his/her promises, who does not lie or change positions, and who walks the middle political road.

Tags:
2008 presidential election,
campaigns,
Barack Obama

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You neglected to mention the contributions from Fannie Mae & Freddie Mac.

Bill of MD 7:40PM September 16, 2008

The Obomination campaign, is just that, BO, is a person who would do anything to win this presidential campaign. He is just about to roll his wife under, making her have a complete makeup to suit his needs. One can tell he is probably angry with her for attempts to help him win, as he was towards his pastor, and grandmother. He is a Sheep in Wolves clothing. He has no moral content, and will say and do anything it takes to win. Social conservative Republicans have to see through his masquerade, his stance against pro-life and pro-gay. Where is our country going too, down the drain I am afraid, to many people and I am afraid, some Christians, are more sensitive towards animal rights than they are for Childrens Rights. Especially, BO, who is for partial birth abortion. More African American Babies are being aborted daily than any other race. I am beginning to think he is for the genocide of African American babies!!, "Please World stop and let me off"

CMHinsley of AZ 10:40AM July 02, 2008

McCain led the charge of finance reform. Anyone who paid attention to the republican primaries know McCain has zero control or influence over the fringe groups controlling 527s. As for MoveOn closing shop, just because they rename themselves and prepare to smear McCain doesn't mean Obama is committed to finance reform. He was lying from the beginning. I am voting for McCain, but I almost hope Obama will be elected, so republicans everywhere can be part of the greatest "I told you so" moment in world history, when Obama destroys the country.

Zephyr of WI 1:49PM June 26, 2008

Bonnie Erbe

Bonnie Erbe

Bonnie Erbe is a contributing editor at U.S. News & World Report and hosts PBS's weekly news analysis program, To the Contrary with Bonnie Erbe. She also writes a weekly syndicated newspaper column for Scripps Howard News Service.

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